SIG Speaks

MAY 31, 2023

There needs to be more debate among sourcing professionals in large organizations regarding the importance of achieving real buy-in from stakeholders. The challenges are many in supply chain management, but no challenge is more nuanced than stakeholder management. Identify your stakeholders.

Management 40

Management Supply Chain Management Strategic Sourcing Sourcing 40

SIG Speaks

SEPTEMBER 14, 2023

Reviewing the total cost of doing this in-house versus engaging a supplier to manage these tasks may prove that the total price is lower to outsource. There is so much that Procurement can offer an organization; cost savings, supply chain management, risk mitigation, supplier relationship management, and process improvement.

Supply Chain Management 40

Supply Chain Management Sourcing Risk Management Risk Management 40

SIG Speaks

MARCH 30, 2023

They are vital in keeping sourcing professionals equipped with the best industry trends and knowledge. The Certified Sourcing Professional (CSP) Program is a 10-week course that focuses on the hard and soft skills of sourcing, including strategic sourcing and outsourcing methodologies, as well as best practices in negotiations.

Co-Sourcing 40

Co-Sourcing Supply Chain Management Sourcing Banking 40

SIG Speaks

JUNE 13, 2023

The Certified Sourcing Professional (CSP) Program is a 10-week course that focuses on the hard and soft skills of sourcing, including strategic sourcing and outsourcing methodologies, as well as best practices in negotiations.

Management 40

Management Supply Chain Management Strategic Sourcing Out-Tasking 40

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Doing Business Once you’ve started working with a vendor, having a clear statement of work and adequate contract management is key. How to gain visibility and control of your indirect spend.

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It allows companies to develop relationships with key suppliers who provide the best value for money and services, allowing for easier supply chain management and lower supply chain risk.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Overall, these 11 cost reduction strategies in procurement demonstrate that companies can significantly reduce costs and maintain profitability with the right procurement management practices.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52